
Investors Said No, Now What?
Y Combinator Startup Podcast
Do You Pattern Match to Past Successes?
Investors in the early stages of investing look for individuals who have the potential to build and lead large organizations. They assess whether the person is organized and fired up, and if they aspire to become impressive leaders. Investors often pattern match to previous successes and stack rank founders based on their potential for success. The decision to invest or not often comes down to whether the founder pattern matches and how they stack rank compared to other founders. Communication skills, clear messaging, and credibility are important factors that can influence the decision. Investors may reject a founder if they don't communicate clearly, provide conflicting numbers, or cast doubt on their own credibility.